Companies listed in new york. Tiktok remains a major stumbling block. Uber delivers, but not where we might have expected. Food shipments top ridehailing for the first time as the decade of unchecked growth hits the brakes. Haidi lets kick it off with a check of the markets. U. S. Stocks are surging, pushing higher as hopes of a stimulus to deal in congress will be imminent as President Trump says if nodeal is forthcoming, he could take action himself. The are seeing s p futures looking flat at the moment after the s p 500 pushed its fifth straight positive session overnight. Chicago nikkei futures also pretty flat at the moment ahead of the holidays kicking off next week so as you expect, we are seeing traders shifting their holdings and also assessing a flood of earnings. The aussie dollar holding that threeday again before the rba Quarterly Monetary Policy forecast. That report due out this hour. 72. 33. We heard from phil evans in the previous hour saying he sees putting clear road
Reconstruction, labor conflict in the gilded age, the populist movement, and moving into the 20th century. In the next couple of weeks we will look at the progressive era, a period of the Industrial Workers, womens suffrage, municipal reform. Subjecty, our turnofthecentury all socialism, and there were many varieties, in some way or another derived from the thinking and writings of karl marx, although interpreted in different ways. One could give a whole course on marx, but what people learn is that first of all, history is the history of class struggle. The struggle between classes is the driving force of history. Claimed that under capitalism the society is being divided into two classes the working class and the bourgeoisie, or capitalist class. Production is, inevitably, being concentrated in fewer and fewer hands. The gaprations between the 1 and the 99 , the very rich and everyone else, would inevitably get wider and wider. Some of this resonates to the present day. 30 years of t
Our apologies to the half. Lets get to the judge messages of hope can bleed into this program any time thats a certainty its good to have all of you with us today as our breaking coverage continues with the market now stocks surging again today after historying actions by the federal reserve. Just about a 500point gain. Just shy of that just shy of 2 for the dow theres the nasdaq shy of 1 and the russell with a gain of 4 . Are we too far from the lows to turn back now or is this a simple bear market bounce that is likely to reverse josh brown, i turn to you first. We have regained 50 of the losses, where does this take us from here . What does all of this tell us now . Well. At first you would say we are now 28 off the low which is is extremely respectable and historically there have not been very many bear market rallies that have been carried this far. That is incredible just extraordinary after an almost 30 bounce, less than a fifth of the market is back in an up trend. Look at the
To network and make deals. This is the business. Of the volatile session on the markets asian shares tumbled again on friday morning after wall street more heavy losses of nearly a 1000 points this massive swings driven by concerns about the fast spreading coronavirus markets like clarity but analysts say there is very little of that right now in asia the nikkei dropped almost 3 percent. Shared over 2 percent blue chip bags investors disruptions to Global Business intensifying soaking fears of a prolonged slowdown in the Global Economy and Indian Markets tumbled after the central bank seized control of the beleaguered yes. Lets go straight to our financial correspondent frank but only from wall street that put it into perspective for us how bad is this drop of nearly a 1000 points. A 1000 points sounds huge but of course the dow is also. Very much advance that was coming down from record highs that were almost close to 30000 points so you have to put that in perspective the percentage
Buying on my side and 3 times with the sewing machine sewing i suppose was more apt procreates for girls than writing advice as knowledge i was a reach out to those women back home playgrounds buy them do things and social rules and inform them of oded basic rights my name is them out of the home and i work its easy to. Lose. Touch. Its the story that world to go away from Consumer Behavior to market movements the coronavirus continues to dominate the world of business the u. S. Government pledges to spend more than 8000000000. 00 to break meanwhile traders try to make sense of the feds decision to cut Interest Rates. Try getting your hands on face months or hung sanitizer in germany shelves are empty shops report comic buying. Some of the worlds most fairytale destinations are waking up to the reality of declining tourism from china. This is business im Kate Ferguson welcome officials in the u. S. Have agreed to spend more than 8000000000. 00 to fight the coronavirus a big portion of